True annual cost of living in Falls Creek, NSW 2540
Living in a house in Falls Creek costs about $22,597 a year: council rates, water and sewerage, commute and home insurance combined. Falls Creek sits more than 100 kilometres from Sydney CBD. Unit costs reach $23,397, with the $1,800 body corporate levy accounting for the entire difference between the two. Driving is costed as a flat regional allowance of $18,200, about 20,000km of household driving a year, because a daily CBD commute is not realistic from here.
About $435 a week to run a house here, including estimates
Unit annual cost
$23,397
Incl. body corporate
$1,950/month
About $450 a week to run a unit here, including estimates
House vs unit difference
+$800
Unit costs more per year
Annual cost breakdown
Council rates
Official, 2026-27 Shoalhaven rates
$1,547
Water & sewerage
Estimated Regional NSW estimate
$1,300
Driving commute
Modelled, 2026-27 Regional driving allowance · ATO 91c/km · 20,000km a year
$18,200
Home insurance
Estimated flood Low · fire High
$1,550
Body corporate
Estimated
$1,800
Total annual running cost
$22,597
($1,883/month, $435/week)
Excludes electricity, estimated separately below.
↑ 5% above Shoalhaven average
SuburbCost affordability score ●●○○○3.3/10 Poor
Cheaper to run than 31% of Shoalhaven suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).
Estimated electricity cost
typical 2-person household
House
$2,720/yr
6,060 kWh
Unit
$2,209/yr
4,545 kWh
Estimated from AER residential benchmarks for Falls Creek's climate zone at 2026-27 regulated prices for its electricity network. Get the free report for a breakdown by your exact number of occupants.
Getting around Falls Creek
within a 2 km walk
Nearest stop
No scheduled service within a 2 km walk of the suburb centre.
Supermarkets
0
Cafes
0
Parks
0
Counted from OpenStreetMap via Overpass inside a 2 km walking radius of the suburb centre, built 2026-11-03. Distances are straight line from that centre, so a specific address can be closer or further. Mapping is contributed and can lag a new opening.
Falls Creek is more than 100 kilometres from Sydney CBD, so a daily commute is not assumed. Driving is costed as a flat regional allowance of $18,200 a year, about 20,000km of household driving at the ATO rate of 91c/km. Add your own workplace in the free report to cost the real drive.
What are the council rates in Falls Creek?
Falls Creek falls under Shoalhaven Council. The average residential rate for 2026-27 is $1,547 per year for an owner-occupied house, based on OLG data uplifted by the council's IPART rate peg. Individual properties pay more or less depending on land value. Unit owners in strata schemes pay $1,547 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Falls Creek?
Running a unit in Falls Creek costs approximately $23,397 per year by car or $23,397 by public transport. This includes council rates of $1,547, water and sewerage $1,300, estimated body corporate levy of $1,800, and contents insurance of $550. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.
Is Falls Creek close to public transport?
No scheduled public transport stop was found within a 2 km walk of the centre of Falls Creek. The running cost on this page assumes driving, which is why the commute component is the largest line for most suburbs in this position.
What shops and parks are in Falls Creek?
Within a 2 km walk of the centre of Falls Creek there are 0 supermarkets, 0 cafes and 0 parks. These counts come from OpenStreetMap via Overpass, which is contributed mapping and can lag a recent opening or closure.
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Annual cost breakdown
10-year cost projection
School scores & catchments
Flood & fire risk ratings
Crime risk ratings
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Data sources: Council rates: Shoalhaven rates (OLG 2024-25 + IPART 2026-27 peg). Water: Regional NSW estimate. Commute: ATO cents per kilometre rate 2026–27 (91c/km). Insurance: estimated from ACCC 2026 premium rates for the area's cyclone risk on a standard $600,000 home, adjusted for flood and fire, disclosed as estimate. Schools: ACARA ICSEA 2025. Risk: Fire: NSW RFS Bush Fire Prone Land. Flood: modelled from 30m elevation (topographic). Data last verified September 2026. Cost estimates are for comparison purposes only and do not constitute financial, insurance, or credit advice.